24/7 Market News- Arcadium Lithium Confirms Rio Tinto’s Interest
DENVER, Colo., Oct 07, 2024 (247marketnews.com)- Arcadium Lithium (NYSE: ALTM) confirmed that Rio Tinto (NYSE: RIO) has enquired about potentially acquiring the global lithium chemicals producer.
Arcadium Lithium provided no further details and cautioned “The approach is non-binding and there is no certainty that any transaction will be agreed to or will proceed. Arcadium Lithium will not comment further unless and until there is news to share.”
Arcadium Lithium operates facilities and projects in Argentina, Australia, Canada, China, Japan, the United Kingdom and the United States, and stated that it “remains focused on executing its strategic vision and pathway to significant growth, as set forth in its recent Investor Day presentation in September 2024.”
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